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Raise the Wage

RAISETHE MINIMUM WAGE

Dear Mr. President and Honorable Members of the U.S. Senate and House of Representatives,

We are writing to ask you to advance growth, prosperity, and economic freedom by raising the minimum wage to at least $10.10 per hour and indexing it to inflation. We make this request as investors, business owners, and employers who are members of the so-called Top 1%. We make this request for the following reasons:

1. IT’S GOOD FOR AMERICAN BUSINESS. Workers with higher wages are consumers with greater disposable income. More customers with more money = higher profits for American businesses.

2. IT‘S GOOD FOR AMERICAN TAXPAYERS. Minimum wage earners don’t make enough to support their families and as a result many rely on government programs to make ends meet. A decent wage would increase the number of self-reliant Americans and decrease government expenditures.

3. IT’S GOOD FOR AMERICA’S GLOBAL LEADERSHIP. The U.S. is the richest country in the world but its minimum wage significantly trails that of other developed countries. In order to maintain its global leadership, the U.S. must ensure decent earnings for its working citizens.